Infosys CEO Nandan Nilekani announcing the company's quarter results in Bangalore. Photo: Indranil Mukherjee/AFP/Getty Images
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3. HIGHLY COMPETITIVE ENTREPRENEURSHIP:
Prevalence of foreign technology licensing - Rank 1 in the world.
Availability of scientist and engineers - Rank 2.
Quality of management schools - Rank 9.
Firm level innovation - Rank 12.
Firm level technology absorption - Rank 16.
Company spending on R&D - Rank 32. (Source: Global Competitiveness Report, 2003)
India amongst the leading entrepreneurial hotbeds globally. (Red Herring clubs India with Israel)
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